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What is one potential negative consequence associated with free trade?
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Negative balance of trade?
A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit.
The negative effects of international trade in local economies?
negatives effect of international trade
Trips and trims are the terms associated with which?
W.T.O ( World Trade Organisation)
What was not a consequence of the plague anti-semitism decline in trade increase in food prices increase in the price of labor?
Increase in food prices
Which idea is most closely associated with laissez-faire economics?
Free trade
What was one consequence of the domestic slave trade?
One consequence of the domestic slave trade was the separation of families, as enslaved individuals were often bought and sold independently from one another, tearing apart family units. This led to trauma, loss of kinship ties, and disrupted cultural connections among enslaved communities.
What are two trade off's of industrialization?
Two trade-offs of industrialization are increased production and economic growth on one hand, but also negative impacts on the environment and natural resources, as well as potential social inequalities and exploitation of labor on the other hand.
Negative balance of trade?
A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit.
How do financial decision involve risk return trade off?
The principle that potential return rises with an increase in risk. Low levels of uncertainty (low risk) are associated with low potential returns, whereas high levels of uncertainty (high risk) are associated with high potential returns. According to the risk-return tradeoff, invested money can render higher profits only if it is subject to the possibility of being lost.-- Raju R akki
What is the consequence of high per capita trade values?
The higher the per capita trade, the more closely intertwined is that country's economy with the rest of the world.
Which of these was a consequence of hawaiian contacts to outsiders?
All of the above (apex)
What time period is associated with the American triangle trade?
The American Triangle Trade was from 1450-1750.
The negative effects of international trade in local economies?
negatives effect of international trade
What does the quote no gift comes without a price mean?
This quote implies that everything has a consequence or cost associated with it, even gifts. It suggests that everything has a trade-off or sacrifice, whether it be time, effort, or something else in exchange for receiving the gift. It serves as a reminder that nothing is truly free.
What time period is most associated with the American Triangle Trade?
The American Triangle Trade was from 1450-1750.
What is an emblem that is associated with a particular business?
A trade mark or logo.
Different countries often specialize in producing different goods What is a consequence of this?
The countries are more likely to trade with each other
